Robinhood Markets, Inc. (HOOD)
Robinhood Markets, Inc. operates in the Financial - Capital Markets industry of the Financial Services sector, headquartered in Menlo Park, CA, US. The stock last traded at $104.26, down 5.01% on the session, giving a market capitalisation of $93.74B. On trailing twelve-month figures it carries a trailing P/E of 45.13, a net margin of 49.8%. Its beta of 2.32 implies it has historically moved more than the broad market.
Robinhood Markets, Inc. operates a financial services platform available to users throughout the United States. This platform empowers individuals to engage in a wide array of investments, encompassing common stocks, exchange-traded funds (ETFs), options contracts, gold, and various cryptocurrencies. Beyond its core trading functionalities, the company dedicates efforts to providing educational and informational resources. These include "Snacks," a concise daily summary of business news; "Learn," an extensive digital library offering guides, tutorials, and a comprehensive financial dictionary; and "Newsfeeds," which grants complimentary access to premium financial journalism from reputable sources like Barron's, Reuters, and The Wall Street Journal. Additionally, the platform supports users with tools such as customizable watchlists and alert systems for monitoring specific securities, ETFs, and digital assets. It also provides cash management services. For new customers, particularly those who have not yet made their initial investment, Robinhood offers personalized first trade recommendations. Robinhood Markets, Inc. was established in 2013 and maintains its principal operations from Menlo Park, California.
Robinhood Markets, Inc. is most often compared with the following Financial Services names: